Last week I dropped a few words about screening tenants and how it affects the bottom line on your properties. It’s obvious that you want to get good tenants, but once you have them it’s a bit short sighted to think that’s all there is to keeping a property at it’s...
Property management is what we do and we have learned that tenant screening, or what some might call a tenant background check, is a crucial step in the process of filling rental vacancies. Truthfully, it’s our number one tool in preventing bad tenants. Tenant...
Most of the time the best way to find the truth is to go to the source. I went to the streamlined EIDL application and gave it some generic information so I could get you images of what the form looked like. I couldn’t go past the 4th page because it required...
Recently the SBA started releasing information about how to get relief funds for the effects of the COVID-19 virus. The rules for obtaining funds are very fluid. What is a fact this afternoon may have changed by tomorrow morning. With that in mind, here are some...
For many investors right now, the worst part of the coronavirus financial fallout is the uncertainty of where the economy is going to go. How much longer are tenants going to be out of work? Are they going to use the current situation as an excuse to not pay rent? How...
Read, listen or both by using the audio file below. In a recent post I wrote about how valuable it can be to to keep a personal cashflow statement. I described how it could identify places where money is leaking out of your wallet, your checkbook, etc. Your Cash Flow...
